Two Harbors GAAP net income rises to $49.38 million in Q2 FY26; GAAP comprehensive income turns to $47.92 million - TWO News | RalliesTwo Harbors GAAP net income rises to $49.38 million in Q2 FY26; GAAP comprehensive income turns to $47.92 million
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TWO• Q2 results and book value
- Two Harbors posted GAAP net income of $49.38 million, or $0.47 per share, in Q2 2026.
- Comprehensive income swung to $47.92 million, or $0.45 per share, from a loss in Q1 2026.
- Book value edged up to $10.68 per share; the common dividend held at $0.34, delivering a 4.3% economic return.
Portfolio changes and transaction update
- Agency RMBS fell to $5.14 billion from $6.57 billion, while the net TBA position climbed to $3.81 billion from $2.98 billion.
- CrossCountry Mortgage is set to buy the common shares for $12 per share, with closing expected Aug. 3; a $0.12196 stub dividend was declared.